Auction
Auction109 Acres
Auction

270 County Road 382, Centre, AL 35960 - Cherokee County

Recreational
Lakefront
Waterfront
Static Google Map
Property ID 21760875

Auction Information

Cherokee Pines Golf Club
270 County Road 382, Centre, AL
11/20/2024, 01:00 PM
Online Bidding SiteExternal Link

109 acres in Cherokee County, Alabama

Property consists of a fully operational 18 hole golf course on 109+/- acres. The auction will include equipment and all proprietary information. Property provides a pro shop, banquet area, two kitchens, men's and women's bathroom, swimming pool, cart shed, parking, covered storage area, 35 individual unit private cart storage, driving range, practice green, maintenance shed, pump house and acreage for possible residential development. Cherokee County Tax Parcels: 17-01-01-2-000-058.000 and 17-01-02-0-000-008.003.

Cherokee Pines Golf Club is deed restricted and must operate as a golf course until October of 2047.

From January 1st to October 21st, 13,411 rounds have been played. This number does not factor tournament rounds.

Currently, there is a Yamaha cart lease in place until May of 2027. There are 8 payments annually of $2,730. The carts are motor but, Yamaha will work with the new purchaser to convert to electric, should that be desired. In addtion, each cart has a YamahaTrak GPS. The GPS is a separate lease that runs through December 2028 with a monthly payment of $1,225.00. There are a total of 35 carts. Purchaser will be responsible for assuming both leases.

Please contact Auctioneer for a copy of both leases, membership report, and profit and loss statement.

Location

S

Scott Schwartz

Bullseye Auction & Appraisal
(256) 946-4437

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Scott Schwartz

Scott Schwartz

Bullseye Auction & Appraisal